Property Details

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33 Wells Street
Red Deer (A2296533)

$350,000
5
2
1,000 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Very well-maintained half duplex in sought-after West Park on Red Deer’s southwest side—close to the college, hospital, parks, and amenities, with transit just a short walk away. Offering 5 bedrooms and 2 bathrooms, this home is ideal for families, first-time buyers, or investors looking to offset their mortgage with rental income. The layout allows for easy separation of the lower level or full-property rental, providing excellent flexibility. With a proven history of individual room rent of approximately $3,475/month in revenue and 95–100% occupancy over the past 12 years for lower level and 1 year for upper level (including summer months), this is a smart investment opportunity. This home features no carpet throughout, making it both stylish and low-maintenance. Recent upgrades include SOLAR PANELS (generating approximately $1,000/year), an upgraded electrical panel, A/C, UV & HEPA filtration system, newer appliances, vinyl windows, and shingles approximately 8 years old. Enjoy the added convenience of a concrete driveway plus additional rear parking, along with higher-end finished feature walls that elevate the overall look and feel of the home. A turnkey property offering comfort, income potential, and long-term value in a prime location.

Property details

Basic Info

MLS® #
A2296533
Property Type:
Residential
Subtype:
Semi Detached (Half Duplex)
Subdivision:
West Park
Price
$350,000
Sale/Lease:
For Sale
Size:
1,000 sq.ft.
Bedrooms:
5
Bathrooms:
2
Year Built:
1975 (51 years old)

Building Info

Structure Type:
Duplex
Building Style:
Attached-Side by Side, Bungalow
Garage:
No
Parking:
Additional Parking, Alley Access, Concrete Driveway, Driveway, Off Street, On Street
Fence:
Fenced
Basement:
Full
Features:
Recessed Lighting, Separate Entrance, Sump Pump(s), Vinyl Windows, Wet Bar
Inclusions:
2x Fridge, Stove, Dishwasher, Washer, Dryer, Window coverings, Large shed
Appliances:
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Laundry:
In Basement
Exterior Features:
Private Yard, Storage
Patio/Porch Features:
See Remarks
Outbuildings:
Shed

Neighborhood Info

Nearby Amenities:
Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.08 acres
Lot Features:
Back Lane, Back Yard, Backs on to Park/Green Space, City Lot, Front Yard, Lawn, Level, Private, Rectangular Lot
Zoning:
R-D

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Brick,Stucco,Vinyl Siding
Floors:
Ceramic Tile, Vinyl, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
Central Air
Amenities:
Schools Nearby, Shopping Nearby

Listing Info

Possession:
45 days / Neg
Days on Market:
1
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Grassroots Realty Group Ltd.
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